Due to staff shortages, excessive amounts of funding were lost as a result of de-obligation of non-expended funds not being managed; incomplete deliverables; incomplete final invoicing/payments; and misplacement of contract documentation over long periods of time.
What INTUITIVE did:
Our Contact Closeout Team developed standard operating procedures, training methods, and prepared packages for closeout. The team then submitted the packages to undergo government analysis for Un-liquidated Obligations (ULO). Finally, they confirmed final invoicing and payments had been made, and the contract was complete.
After assisting in the close out of over 8,000 contracts, INTUITIVE discoveries saved the customer $10.4M in Un-liquidated Obligation.